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III. PROJECT FINANCIAL INFORMATION <br /> <br />8. Complete the following table: <br /> <br />Total cost of (re)development $98,929,989 <br />Total cost of environmental costs (cleanup sites only) $322,400 <br />Current property value $5,700,000 <br />Estimated future property value $81,111,000 <br />Current property taxes $132,636.96 <br />Estimated future property taxes $1,837,146 <br />Previous ERF grant awards: list the amount, year, grant <br />round, and source (ERF or Minnesota Brownfields Gap <br />Financing Program) <br />None <br />Number of new jobs (FTEs) created at the finished site 52 <br />Number of retained jobs (FTEs) at the finished site 0 <br />Number of jobs created during construction 500+ <br />Does this application request funds for property <br />acquisition? <br /> Yes  No <br />Does this application request funds for demolition? Yes  No <br />Have other sources of public or private funding for this <br />project been pursued? <br /> Yes No <br />Is this project waiting to secure any additional funding <br />that is necessary to commence construction? <br /> Yes No <br />Is/Will the project be in a TIF district?  Yes No <br />Expected annual TIF proceeds and timeframe The project may be part of <br />a TIF district. An <br />application has been <br />submitted and is currently <br />under review. TIF proceeds <br />and timeframe are <br />included in Table 1 – <br />Funding Sources <br />Summary. <br />77